Saturday 4 November 2017

Rise of Purpose Driven Marketing

Cause related ads seem to be everywhere. There’s much industry debate about what works, what doesn’t and whether it’s even worth the risk. Brands are tackling a wide variety of issues, ranging from safe driving to equality and healthy living, but there are certainly a few issues that brands seem to gravitate toward more than others.

Over the past year, among all cause related videos created by the top 100 brands, women’s empowerment took the cake. In Fact, 24% of the top 100 brands purpose driven videos were about women’s empowerment. From Nike to P&G, brands are finding a way to create empowering ads for women that don’t just generate impressions, but leave them. Purpose driven ads garner more views; they also drive more results in the form of engagement rate.
Dove is a great example of a brand that employs purpose driven marketing. Their mission is to improve the self-esteem and confidence of women around the world through their #speakbeautiful movement – a campaign that highlights the concept that beauty is skin deep. They want to be seen to be making a commitment to women’s wellbeing and for consumers to see them as so much more than soap and moisturizer.

We all like to feel a part of something bigger and we like to feel we’re making a difference in the world. We’re in the midst of a major change in how and why consumers connect with brands, and those that are driving social change are bang on trend. Today, brand values are equally as important to consumers as the functional benefit they can offer, and meaningful brand action is vital for building relationships and gaining customer loyalty.

When purpose driven ads are done well, brands have the opportunity to not only stand for something they believe in, but also deeply connect with an audience. I believe this will become an increasingly important method to build brands at a time when people are increasingly choosing brands that align with their values.

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